Lucky Cement Ltd. · PSX:LUCK
Lucky Cement — Q1 FY2022 Earnings Presentation
16 slides from Lucky Cement's earnings presentation, Oct 29, 2021
Slide 1: Analyst Briefing Q1 FY 2021-22
ANALYST BRIEFING Q1 FY 2021 – 22 29TH October, 2021 lucky-cement.com
Slide 2: Lucky's Spectrum of Diversity
LUCKY’S SPECTRUM OF DIVERSITY CONSTRUCTION AUTOMOBILES POWER CHEMICALS lucky-cement.com 2
Slide 3: Key Messages
KEY MESSAGES Transport issues, Inflation and slowing down of CPEC activity, affecting growth momentum for Cement for Q1 ICI Turnover grew by 48% Operations for Samsung to begin in Dec’21 Line 2 (3.15MT) under progress, target COD – Dec’22 LEPCL target COD, December 2021 Commodity prices volatility c
Slide 4: Key Figures Q1 2021-22 (PKR Billion)
KEY FIGURES Q1 2021 – 22 (PKR Billion) CONSOLIDATED REVENUE EBITDA PAT EPS (Rs) 54.9 8.6 10.3 20.57 45.1 7.3 7.5 22% 37% 18% 53% 13.45 Q1 FY22 Q1 FY21 Q1 FY22 Q1 FY21 Q1 FY22 Q1 FY21 Q1 FY22 Q1 FY21 STANDALONE REVENUE EBITDA PAT EPS (Rs) 16.9 4.4 10.15 3.3 3.4 18% 14.3 29% 50% 47% 6.89 2.2 Q1 FY22 Q
Slide 5: Consolidated Net Business Revenue Grew by 22%
CONSOLIDATED NET BUSINESS REVENUE GREW BY 22%↑ Q1 FY22 Q1 FY21 %∆ 54.9 45.1 22%↑ PKR In Billion CEMENT CHEMICALS AUTOMOBILES 16.9 21.5 16.6 16.4 18% 48% 1% 14.3 14.5 Q1 FY22 Q1 FY21 Q1 FY22 Q1 FY21 Q1 FY22 Q1 FY21 lucky-cement.com 5
Slide 6: Consolidated Operating Profit Up by 47%
CONSOLIDATED OPERATING PROFIT UP BY 47%↑ Q1 FY22 Q1 FY21 %∆ 7.8 5.3 47%↑ PKR In Billion CEMENT CHEMICALS AUTOMOBILES 3.4 2.9 1.6 1.5 2.3 48% 107% 7% 1.4 Q1 FY22 Q1 FY21 Q1 FY22 Q1 FY21 Q1 FY22 Q1 FY21 lucky-cement.com 6
Slide 7: Cement Operations Q1 FY 2021-22
CEMENT OPERATIONS Q1 FY 2021 – 22 lucky-cement.com
Slide 8: Lucky's Sales & Market Share
LUCKY’S SALES & MARKET SHARE Capacity Utilization Levels Market Share CEMENT Q1 FY22 Q1 FY21 83% 80% 72% 32.5% 34.5% 70% 29.6% 27.9% 77% 79% 66% 67% 12.6% 12.8% Q2 20-21 Q3 20-21 Q4 20-21 Q1 21-22 North South Export Pezu Karachi CLINKER Sales - Million Tons 91% 85% 83% 83% Q1 FY22 Q1 FY21 1.20 1.21
Slide 9: Q1 2022 vs Q1 2021 (PAT Waterfall)
Q1 2022 VS Q1 2021 (PAT WATERFALL) Volume Variance: Local ↑0.06Mt; Export ↓0.23Mt Power Consumption: Increase in price of Furnace Oil Retention Prices – Local: PKR 6,000/t to PKR 8,000/t ↑PKR 2,000/t Fixed Cost: Impact of Depreciation of Gensets and Salary increments Retention Prices – Exp
Slide 10: Foreign Operations Q1 FY 2021-22
FOREIGN OPERATIONS Q1 FY 2021 – 22 lucky-cement.com
Slide 11: Rising Overseas Returns
RISING OVERSEAS RETURNS A 50:50 JV with Al Shumookh A 50:50 JV with Al Shumookh A 50:50 JV with Rawsons Investments JOINT VENTURE Construction Materials Trading, a local Limited, a local partner Construction Materials Trading, a local partner partner PROJECT COMPANY Al Mabrooka Cement Manufacturing
Slide 12: Outlook
OUTLOOK While the outbreak of Covid-19 pandemic has subsided in Pakistan, with the persistent drive of the Government on getting majority of the population vaccinated and easing of Covid related restrictions, it is optimistically expected that the economy will continue to show resilience against a
Slide 13: Thank You Q&A
THANKYOU Q&A lucky-cement.com
Slide 14: Appendix
APPENDIX lucky-cement.co: m
Slide 15: Disclaimer
DISCLAIMER This presentation has been prepared by Lucky Cement Limited solely for information purposes. No representation or warranty express or implied is made thereto, and no reliance should be placed on, the fairness, accuracy, sufficiency, completeness or correctness of the information or any op
Slide 16: Group Structure
GROUP STRUCTURE Lucky Cement Limited Holding Company Lucky Electric Power Lucky Motors Lucky Holdings LCL Investment Yunus Energy ICI Pakistan Limited Company Corporation Limited Holdings Limited Limited 55% 100% 71.14% 75% 100% 20% ICI Pakistan NutriCo Morinaga NutriCo Pakistan LuckyRawji Holdings